The course introduce concepts, principles, and applications of management; its historical development; universality of principles and functions of management; business firms and their management decision processes; the overall concepts of organizational environment; management functions of planning, organizing, staffing, directing/leading, and controlling.

Objectives

The Main objective of the course is:

oTo acquaint students with management theory, principles &concepts

oTo enable students to have managerial thinking to a wide range of phenomenon

oTo develop the ability of students with regard to the application of basic discipline like human resources behavioral sciences…etc

oTo high light the basic functions of management & its application of leadership and motivation communication with in an organization.

The course introduces modern information technology: computer system components, types and features of computers, historical development of computers, and the impact of computers on the functioning of organizations. Prepares students to become computer literate by providing the opportunity of hands on practice (Lab) on the common application software i.e. work sheet, database, spreadsheet, etc.

Objectives

The overall aim of the course is to provide students with the knowledge and skills required for basic computer literacy. In a more specific ways, the course enables the students to understand about:

The course discusses about the treatment of communication problems within the context of organizations; communication as a process and communication media; guidelines for effective communication; report writing.

Objectives

Upon the successful completion of this course, you students should be able to

The course focuses on the application of basic concepts, principles, and methods of finite mathematics in solving management problems. Cost, output, and profit relationships; systems of linear equations and inequalities; applications of matrix algebra; linear programming; mathematics of finance and investment; applications of differential and integral calculus.

Objective

The study of quantitative techniques has become increasingly important in the face to fast moving technology and increasing complexities in business and industry. These techniques constrict and important segment of any curriculum in management education and are how considered as effective tools towards solving business problems.

Many activities that we previously handled by verbal analysis and description have proved to the more easily dealt with by mathematical techniques. Mathematical formulation of problems can give clarity and certainly in handing complex problems and enforce a precision in stating the tact of situation where these would otherwise be lost in emotion and argument. So, the major objective of the course is to enable students to understand the major mathematical techniques that have strong applications in managerial decision making processes.

Teaching Methods

Multimedia Lectures, Tutorials, assignments, and Exersises.

Evaluation Methods:

Test, assignment, quiz 40%

Final Exam 60%

Total 100%

Recommended Text Book

Bowen, Prichet, and Sabberr, Mathematics with Application in Management and Economics, 1987.

Reference:

1.Raymond A. Ammett and Richael R. Ziegler, Applies mathematics for Business and Economics, Life Sciences. And social sciences, third editions, 1989.

2.Ann j. Hughes, applied Mathematics of Economics, and the Social Sciences. 1983.

The purpose of the course is to let students master about the different statistical tools that have massive applications in managerial decision making processes. Major topics to be covered include probability theories, sampling theories, estimation techniques, and multivariate analysis tools.

üTo enable students to have marketing thinking in the analysis and selection of target markets in both the individual and organizational consumer.

üTo highlight the development of a marketing program and the different forces operating in the market and the significance of each of these forces.

üTo develop the ability of students with the application of basic disciplines like economics, behavioral science, and applied quantitative methods in different marketing model necessary for managerial decision making.

The human resource input in the management of organizations consists of an extremely complex combination of physical and intellectual capabilities. Human beings, as a group, the human resources largely control the productivity of an organization. As individuals, they are most valuable assets, in managing the human resources, managers’ face one of the most responsible and challenging tasks. This course s designed to equip students with the major concepts and techniques of managing the human resources of organizations.

The courseIntroduces the students with history of organizations; environment and organizational goal setting; organization structure and design; individual attitude and perceptions; theories of motivation; group dynamics; leadership; decision-making; organizational change and development.

The course tries to introduce the principles of commercial law with emphasis on the Ethiopian Civil Code pertaining to law of persons, law of contract, and law of agency; Ethiopian Commercial Code regarding forms of businesses, books of accounts, insurance, negotiable instruments, bank transactions, and bankruptcy; taxation laws and labor law.

Objectives

The primary objective of this course is to introduce certain legal principles regarding the law of contracts in general and special contracts in particular, such as sale, agency, and commercial instruments with special emphasis on business organization. It exposes accountants and managers to an introductory knowledge of business law, the content and scope of which is too general and limited.

Teaching Methods

Multimedia Lectures, Tutorials, assignments, and case analysis

Evaluation Methods:

Test, assignment, quiz 40%

Final Exam 60%

Total 100%

Recommended Text Book

George Krzeczurnowicx, Formation and Effects of contracts in Ethiopia (1983)

References

1.Civil code of Ethiopia, 1960

2.Commercial Code of Ethiopian, 1960 (Relevant Articles will be given in due course)

3.The law of Physical persons: commentary on the civil code of Ethiopia by Jacques vandorlinden (1969).

4.Rene David (English Translation by Michael Kindered, commentary on Contracts in Ethiopia (19973) ON STATE ENTERPRISES

5.PROCLAMATION number 25/ 1992

COURSE TITLE: MATERIALS MANAGEMENT

COURSE NUMBER: BUMA 241

Course Description

The course covers such basic concepts as purchasing principles including such elements as description of quality; determination and control of quantity; make or buy decisions; selection of sources of supply; organization of purchasing activities; transportation; materials handling, inventory control models; stores management and warehousing.

Objectives

The primary purpose of the course is to introduce students to the concepts and techniques of acquisition of materials, control of inventory and storage as well as handling of materials already on hand. Different forecasting techniques of independent demand will also come under review. One of the principle cost factors in any economic enterprise is the one, which is associated with materials. This concern in this respect should be to make available the most economic quantity (and quality) of materials on the right time and from the right supplier, which would allow continued production and bring no risk of signification stock out.

The course coversbasic concepts of international marketing and its environment; theory of comparative advantage; world trade situation and trade blocks; applications of marketing principles to international marketing, analysis of marketing across national boundaries, different levels of international marketing involvement; marketing- mix element decision in international marketing; process of practical international marketing; opportunities and challenges of international marketing for developing countries and Ethiopia.

Objectives

Assuming that the student has a basic knowledge of marketing. The objectives of the course are:

üTo consider marketing concepts and develop understanding into the peculiar nature of international marketing:

üTo enable students to analyze marketing problems across national boundaries.

üTo enable students to realize important decision variable in international marketing to develop decision-making skills.

The course covers nature of information as an organizational resource, significance of information to decision-making; organizational and technical foundations of information system; management information requirements at different levels of management; information systems in relation to the functional areas of management; identification of use and source of information required; and management of contemporary information system.

Objectives

Upon the successful completion of this course, students should be able to:

üunderstand the differences among various types of computerized business systems such as MIS, TPS, DSS, and EIS

üdefine the major business functions of marketing, manufacturing, personnel, purchasing, and finance, and understand how these are accomplished using modern information systems

ürecognize how today’s computer hardware, software, and communications networks are utilized together to create the digital firm

üuse the Internet, spreadsheet, database, word processing, and presentation graphics tools of the MS Office suite to design and deliver computer based solutions to common business problems

üknow the ethical and social considerations and related professional responsibilities for the use of computer information systems

üuse decision-support systems and network technology to make business decisions

üacquire a familiarity with e-management, e-commerce, and the workflow design of modern business processes

The course uncover the role of research; the method of scientific inquiry; experimentation, survey, fact finding, design of questionnaire and interpretation of data; the language and tool of statistics; writing the research paper; term project.

Objectives

The main objective of this course is to enable students identify &utilize the basic technique & systems of developing & producing information, which is essential to make effective marketing management decisions.

This course discusses risk, its nature and its effects, and discusses the purpose and scope of risk management. It also high lights the range of measure for tackling risk. Various types of risks and alternative methods of risk management is the main subject of this course. The concepts of Insurance, major tools of risk management, is also one to deserve great attention.

Objectives

The specific objective of the course is:

üTo provide students with the basic techniques & procedures of predicting relative variation of future losses, hence it would be possible to take appropriate risk handling measures.

üTo familiarize students with the basic principles, procedures & types of policies of insurance as a basic method of handling risk.

It provides a basic understanding of the participants, roles, functions, products and operations of the various types of financial institutions, markets and instruments that make up a modern financial system. Understanding of these issues is crucial for students pursuing a qualification in the above fields. The course mainly aims at the evaluation of functions and other related concepts of money; concepts, general principles and polices, structure and operation of financial institution (banks & insurance companies), foreign exchange & exchanging rate determination; the central banking system function and principles: fiscal and monetary policies; money and banking in Ethiopia.

Objectives

Upon successful completion of this course, students will be able to:

üDefine a financial market, and distinguish between the various types and roles of the financial markets;

üDiscuss the importance of financial regulation and explain the supervision framework and methodology;

üExplain the objectives and importance of monetary policy and the role of centrals banking;

üExplain the economic function of money and capital markets and identify and describe various market instruments;

üUnderstand important issues involved in international markets;

üDescribe the roles, functions and operations of banks and non-bank financial institutions;

The course covers advanced mathematical tools that aid in managerial decision making. The major items to be covered include scientific approach to decision making, payoff tables and scientific approach to decision making, pay off tables and decision trees; applications and solutions for PERT problems; applications and solution for linear programming problems including dual solution and its economic interpretation; queuing theory; maintenance and replacement problems; distribution problems.

Objective

Operations Research (OR) or Management science (MS) provides Methodology for management, OM/MS Methodology is appropriate to some but cry important problems, which managers encounter in various functional areas such as n e, operations or production, human resource management, marketing, and in general application areas such as in investment planning, project management, and decision analysis

After students have completed the course, they are expected to (a) understand basic concepts in modeling and model use as appropriate to management problems: (b) appreciate representative problems which managers encounter in managing the business of their firms: (C) appreciate the logical approach to the analysis of problems; and (d) apply, to a limited degree, the concepts and techniques they have learned to sample exercise-problems.

After students have completed the course, they are expected to (a) understand basic concepts in modeling and model use as appropriate to management problems: (b) appreciate representative problems which managers encounter in manage in the business of their firms: (c) appreciate the logical approach to the analysis of problems; and (d) apply, to a limited degree, the concepts and techniques they have learned to sample exercise-problems.

The course is meant to develop thinking in systems framework, systems approach to problem solving mainly related with Management Information Systems; techniques and tools of System Analysis; design of new system evaluation and control system performance (particularly MIS) and determination of information requirements; and cost/benefit analysis of alternative information system solutions.

Objectives

Information is becoming one of the critical resources of an organization, informed decisions are imperative for enhancing the efficiency and effectiveness of an organization. Thus, is apparent that managers at all levels should be able to get the right information at the right time. This is possible when there is sound and relevant information system in place. Therefore, the course has the following objectives.

üTo acquaint students with the principles and associated with general systems theory.

üTo introduce students with the skills needed in designing and developing relevant management information systems.

üTo equip students particularly with the tools and techniques used in structured systems analysis and design.

üTo sensitize students the need to continually monitor and redesign MIS to suit to the information requirement of managers keeping track of both internal and external changes.

This is the course that will enable the students to develop practical research experiences that is meant to solve the real management problems. Under the guidance of an advisor students choose appropriate topics, develop a research proposal, review literature, gather data, undertake data analysis, and write up and submit their final research paper.

Objectives

The course will enable students to:

üUndertake management and administrative research by applying the scientific research methods;

üSolve management problems by gathering all the necessary information and analyzing it

üImprove their report writing and oral presentation skills.

Evaluation Methods:

Project Proposal 30%

Paper 60%

Total 100%

COURSE TITLE: ENTREPRENEURSHIP

COURSE NUMBER: BUMA 312

Course Description

This course discusses entrepreneurship theory, characteristics and background of entrepreneurs, issues related to starting a new venture, developing and using a business plan, financing a new venture, managing ones own business, and other related issues with particular emphasis to the Ethiopian economic environment. The course has lecture component, case analysis, and project work.

Objectives

The course will help the students to gain basic concepts that can help to consider entrepreneurial career. The specific objectives of the course are to help students:

üTo identify entrepreneurship as a career and lifestyle option

üTo build on business skills such as marketing and accounting

üTo increase self awareness, especially work ethic

üTo become acquainted with business leaders

üTo develop a mindset for business and develop confidence

üTo gain a "life role" credit after successful completion of the course

The course integratetechniques and principles of marketing, finance, operations, organizational behavior, accounting, etc. to develop a macro view-point about the total organization; exposure to various strategic management models; cultivation of skills in the management of corporate and enterprise strategy through an extensive use of the case method.

Objectives

The course enables students to understand:

üthe concept of strategy and policy and why they are important for organizations

üthe role of environmental assessment in strategy formulation

üorganizational strategy at different level

üstrategy formulation, implementation and control activities as the central parts of strategic management.

This course provides a comprehensive coverage of the basic concepts, theories, applications and decision-making rules for financial investments. In a more specific ways, the objectives of the course are:

üTo provide an in-depth appreciation and understanding of the issues, challenges and complexities an investor faces in deciding where to invest the investable money.

üTo introduce participants to tools and strategies that addresses these challenges. The course also provides students the opportunity to work with these tools and apply these strategies to solve real-life investment problems

This course is designed to help students understand that substantial savings can be affected in the physical distribution area, which has been described as the last frontier for cost economics. More over, it enables students become aware of that an efficient physical distribution system can attract more customers by offering better service and lower prices. It also examines the entirety of the distribution process, from sourcing to the delivery of the finished product to the buyer. It covers sourcing, procurement, warehousing, control, and materials handling inventory control, and transportation. It also examines the art of designing and managing channels of distribution including manufacturers, wholesalers, distributors, agents and retailers.

Objectives

After introducing the students with the basic concepts and principles , it is believed that it will enable students answer specific questions in their major decision issues. In short, students, after completing this course will be able to:

vunderstand the major functions of channel members

vBriefly explain the advantages of intermediaries.

vAble to distinguish between direct marketing and indirect marketing.

vManage channel conflict

vExplain the cost effective way of distributing products.

vUnderstand the efficient and satisfactory mechanisms of transporting products (distinguish the different modes of transportation).